Posts Tagged ‘Certified Public Accountant’
Use a Licensed CPA to Prepare Your Taxes
Friday, January 25th, 2013Florida CPA License Requirements
Tuesday, January 8th, 2013On the Florida Department of Business and Professional Regulation’s website under “Division of Certified Public Accounting,” the requirements for obtaining a CPA are listed as the following: This information can be found on the DBPR’s website.
“REQUIREMENTS FOR LICENSURE
- PASS ALL FOUR PARTS OF CPA EXAMINATION: with at least a 75% within 18 month rolling period.
- ONE YEAR WORK EXPERIENCE: Must be verified by a licensed CPA (This experience can be obtained prior to the application, while sitting for the exam or after all four parts of the exam has been passed. However, requirements to sit for the exam must be met before work experience commences.)
- TOTAL REQUIRED HOURS: 150 semester or 200 quarter hours
- TOTAL UPPER DIVISION ACCOUNTING HOURS: 36 semester or 54 quarter to include the following: Taxation, Auditing, Financial, Cost/Managerial and Accounting Info Systems.
- TOTAL UPPER DIVISION GENERAL BUSINESS HOURS: 39 semester hours or 58 quarter hours to include the following: six (6) semester hours or eight (8) quarter hours of business law. One course can be at a lower lever (freshman or sophomore), the other course must be upper division (junior level or higher). Business Law 1 and Legal Environment of Business are often considered duplicate.
Other important information: These requirements include the requirements to sit for the CPA exam under the 120 semester or 160 quarter hour rule.”
This ends the information from the DBPR’s website. We encourage anyone interested in the CPA requirements to obtain all current and changing information there.
Remember, your license is your livelihood.
Attorney Lars Soreide, of Soreide Law Group, PLLC, will represent CPA’s in front of the Florida Board of Accountancy (BOA) regarding any licensing issues. For more information about professional licensing law please visit our website at: http://www.floridaprofessionallicense.com or call to speak with an attorney at: (888) 760-6552.
Certified Public Accountants in the State of Florida
Monday, January 7th, 2013The Florida Board of Accountancy (BOA) handles the requirements for certification, licensure, and reciprocity. Also, the BOA provides information on the May and November CPA exams and is able to verify if someone is certified and/or licensed in Florida.
The BOA has addresses and phone numbers for Florida CPAs and provides information to out-of-state firms seeking temporary permits.
All questions regarding Florida law and rules pertaining to the practice of public accountancy and who sends out law and rules exam and CPE Reporting Forms should be directed to the BOA.
Know your licensing requirements. Your license is your livelihood.
Attorney Lars Soreide, of Soreide Law Group, PLLC, will represent CPA’s in front of the Florida Board of Accountancy (BOA) regarding any licensing issues. For more information about professional licensing law please visit our website at: http://www.floridaprofessionallicense.com or call to speak with an attorney at: (888) 760-6552.
Requirements for Florida CPA’s
Wednesday, December 12th, 2012On Florida’s Department of Business and Professional Regulation’s website, the following is listed under:
DIVISION OF PUBLIC ACCOUTING
“REQUIREMENTS FOR LICENSURE
- PASS ALL FOUR PARTS OF CPA EXAMINATION: with at least a 75% within 18 month rolling period.
- ONE YEAR WORK EXPERIENCE: Must be verified by a licensed CPA (This experience can be obtained prior to the application, while sitting for the exam or after all four parts of the exam has been passed. However, requirements to sit for the exam must be met before work experience commences.)
- TOTAL REQUIRED HOURS: 150 semester or 200 quarter hours
- TOTAL UPPER DIVISION ACCOUNTING HOURS: 36 semester or 54 quarter to includethe following: Taxation, Auditing, Financial, Cost/Managerial and Accounting Info Systems.
- TOTAL UPPER DIVISION GENERAL BUSINESS HOURS: 39 semester hours or 58 quarter hours to include the following: six (6) semester hours or eight (8) quarter hours of business law. One course can be at a lower lever (freshman or sophomore), the other course must be upper division (junior level or higher). Business Law 1 and Legal Environment of Business are often considered duplicate.
Other important information: These requirements include the requirements to sit for the CPA exam under the 120 semester or 160 quarter hour rule.”
This ends the information on the DBPR’s website. This information is of a partial nature only, and is not meant to replace the very valuable information from Florida’s DBPR. We recommend visiting the website regularly for any updates or changes in rules and regulations.
Know Florida’s requirements for licensure. Your license is your livelihood.
Attorney Lars Soreide, of Soreide Law Group, PLLC, will represent CPA’s in front of the Florida Board of Accountancy (BOA) regarding any licensing issues. For more information about professional licensing law please visit our website at: http://www.floridaprofessionallicense.com or call to speak with an attorney at: (888) 760-6552.
Renewing CPA Licenses in Florida
Monday, September 10th, 2012The following information appeared on Florida’s Department of Business and Professional Regulation’s website under Division of Certified Public Accounting. We advise anyone interested in obtaining information on Florida’s licenses to contact the DBPR for the most current information.
Renewing a current active (Florida) CPA license consists of:
- Evidencing completion of continuing professional education (CPE) credits (80 hours with at least 20 hours in accounting and auditing and 4 hours of a board approved ethics course)
- Pay a $105.00 license renewal fee.
CPE courses must be complete by June 30th of the renewal year. There are two automatic extensions that can be utilized by licensees who are unable to meet their CPE requirement by June 30th. The first extension is September 15th and requires the licensee to complete an additional eight (8) hours of accounting and auditing credits. Therefore, the licensee would complete a total of 88 hours with at least 28 in accounting and auditing. The second extension is December 31st and requires the licensee to complete an additional 16 hours of accounting and auditing. Therefore, the licensee would complete a total of 96 hours with at least 36 in accounting and auditing.
Failure to meet (Florida’s) renewal requirements by December 31st of the renewal year will result in the license reverting to delinquent status effective January 1 of the following year. Delinquent status licenses will revert to Null and Void after two years unless license is reactivated or placed on Inactive status.
This ends the information obtained on Florida’s DPBR’s website.
Attorney Lars Soreide, of Soreide Law Group, PLLC, will represent CPA’s in front of the Florida Board of Accountancy (BOA) regarding any licensing issues. For more information about professional licensing law please visit our website at: www.floridaprofessionallicense.com or call to speak with an attorney at: (888) 760-6552.
The Florida Board of Accountancy (BOA)
Thursday, June 14th, 2012If you have any questions regarding the requirements for licensing, certification or reciprocity in the State of Florida for CPAs, contact the Florida Board of Accountancy (BOA). The Florida Board of Accountancy will also provide you with information on the May and November CPA exams. The Florida BOA is also able to verify if an individual is certified or licensed in the State of Florida. The Florida Board of Accountancy can provide the addresses and phone numbers of Florida CPA’s and can also provide the information to out-of-state firms who are seeking temporary permits.
All questions about the Florida laws and rules for the practice of public accountancy and who sends out law and rules exam and CPE Reporting Forms may be directed to the BOA.
The Florida Board of Accountancy also provides information on how an organization can become an approved CPE (Continuing Professional Education) provider for Florida CPAs.
A valuable source of information is on FICPA’s (Florida Institute of Certified Public Accountants) website.
Attorney Lars Soreide, of Soreide Law Group, PLLC, will represent CPA’s in front of the Florida Board of Accountancy (BOA) regarding any licensing issues. For more information about professional licensing law please visit our website at: www.floridaprofessionallicense.com or call to speak with an attorney at: (888) 760-6552.
Florida Licensed CPAs
Friday, June 8th, 2012Only Certified Public Accountants (CPA), by Florida law, can perform audits, and reviews, and give opinions on your financial statements. However, an accountant is not required to have a Florida license to prepare taxes. Certain bookkeeping duties also do not require a Florida license.
Hiring a Florida licensed CPA to do your accounting is the best way to make sure your services are done correctly. Florida licensed CPAs are regulated, and tested by the State of Florida and by law must be recertified every two years.
In the State of Florida, because CPAs are licensed and regulated, complaints may be filed against them. Administrative action can be taken against the license. However, if the person is not a CPA, the Department has no jusidicition and only civil action can be taken.
Attorney Lars Soreide, of Soreide Law Group, PLLC, represents CPA’s in front of the Florida Board of Accountancy regarding any licensing issues. For a free consultation with an attorney please call: (888) 760-6552, or visit our website at : www.floridaprofessionallicense.com.
Florida Requirements for CPA’s License
Friday, January 27th, 2012The following information appeared on Florida’s Department of Business and Professional Regulation’s website under ‘Division of Certified Public Accountants.’
FLORIDA’S REQUIREMENTS FOR CPA LICENSURE
- PASS ALL FOUR PARTS OF CPA EXAMINATION: with at least a 75% within 18 month rolling period.
- ONE YEAR WORK EXPERIENCE: Must be under the supervision of a licensed CPA (This experience can be obtained prior to the application, while sitting for the exam or after all four parts of the exam has been passed. However, requirements to sit for the exam must be met before work experience commences.)
- TOTAL REQUIRED HOURS: 150 semester or 200 quarter hours
- TOTAL UPPER DIVISION ACCOUNTING HOURS: 36 semester or 54 quarter to include the following: Taxation, Auditing, Financial, Cost/Managerial and Accounting Info Systems.
- TOTAL UPPER DIVISION GENERAL BUSINESS HOURS: 39 semester hours or 58 quarter hours to include the following: six (6) semester hours or eight (8) quarter hours of business law. One course can be at a lower lever (freshman or sophomore), the other course must be upper division (junior level or higher). Business Law 1 and Legal Environment of Business are often considered duplicate.
Other important information: These requirements include the requirements to sit for the CPA exam under the 120 semester or 160 quarter hour rule.
Information from Florida’s Department of Business and Professional Regulation’s website ends here. This and other additional and valuable information regarding CPA’s may be found there.
Attorney Lars Soreide, of Soreide Law Group, PLLC, represents CPA’s in front of the Florida Board of Accountancy regarding licensing issues. For more information about professional licensing law please visit: www.floridaprofessionallicense.comor call to speak with an attorney at: (888) 760-6552.
The State of Florida’s Division of Certified Public Accounting
Friday, April 8th, 2011CPAs in Florida
On Florida’s DBPR’s website the definition of a Certified Public Accountant (CPA) is someone who has passed the American Institute of Certified Public Accountants (AICPA) Uniform CPA examination, met educational, and licensure requirements in the state of Florida and have been issued a license to practice public accounting. CPAs provide accounting, auditing, tax, financial planning, and management consulting services. Florida CPA firms must be licensed and CPAs can only practice in a licensed firm.
Please note that the items below are merely offered as examples of work that requires and does not require a license. The list is not all inclusive. Under certain circumstances, a CPA who holds an active license in good standing from another jurisdiction and does not have an office in Florida could practice in Florida without notification or fee under mobility provisions. You should also check with your county or city to learn whether or not a local business tax receipt or certificate of competency is required for services that do not require a state license. If you have specific questions, please contact Florida’s Department of Business and Professional Regulation.
| Needs a License | Does not need a License |
| Perform audits, reviews, and compilations | Prepare a tax return for yourself or others or providing advice as to federal tax matters. |
| Express an opinion of financial statements that provide a level of assurance as to the reliability or fairness of the financial information. | Perform basic bookkeeping or accounting functions. |
| Use the CPA designation | |
| Advertise or represent oneself as a CPA |
This very valuable information comes from the Florida Department of Business and Professional Regulation’s website.
Soreide Law Group, PLLC, represents CPA’s in front of the Florida Board of Accountancy regarding licensing issues. For more information about professional licensing law please visit: www.floridaprofessionallicense.com or call to speak to an attorney at:(888) 760-6552.
Department of Business and Professional Regulation Encourages Consumers to Hire a Certified Public Accountant to Prepare Taxes
Tuesday, March 23rd, 2010Feb. 5, 2010
TALLAHASSEE—With tax season underway, many Floridians are beginning to gather their W-2s, 1099s, 1040s and other tax documents in preparation for the April 15th Federal Income Tax filing deadline. The Department of Business and Professional Regulation encourages Floridians to hire a Certified Public Accountant for tax preparation.
CPAs have met the requirements of Florida state laws and been issued a license to practice public accounting by the Florida Board of Accountancy. Only people who are licensed can legally call themselves a CPA. As practitioners, CPAs provide accounting, auditing, tax, financial planning and management consulting services.
“Although it is not required that tax preparers be Certified Public Accountants, a CPA can ensure that your taxes are prepared by a professional who has been educated and tested. Licensed CPAs are required to take continuing education which ensures that they are up-to-date on the latest changes to the tax code and IRS regulations. This is especially important for individuals with complex filings,” said Interim Secretary Charlie Liem.
When choosing to work with a CPA:
- Make sure to check the license status at MyFloridaLicense.com or call the Customer Contact Center at 850.487.1395.
- Check that the license is current, and check for any complaints against the licensee.
- Interview the prospective CPA. Find out what type of accounting work they typically perform. Compare the CPAs experience to your service needs.
- Before any work is done, receive an engagement letter detailing the work to be performed, who will be performing the work and cost of the services. In addition to stating the cost and scope of work to be performed, the engagement letter may be used to indicate how and when the client files will be returned; avoiding any miscommunications and potentially additional fees.
The Department of Business and Professional Regulation’s mission is to license efficiently and regulate fairly. The department licenses more than one million businesses and professionals ranging from real estate agents, veterinarians, and accountants to contractors and cosmetologists. For more information, please visit MyFloridaLicense.com.
Whether you are a doctor, a lawyer, a CPA, a realtor, an architect, an engineer, a stockbroker, a nurse, an auctioneer or a pharmacist, a professional license is a prerequisite for doing business. We assist in the application process and help clients understand and comply with all applicable government regulations associated with their license. We also defend against attacks on your professional license and represent you before the appropriate administrative board.
Soreide Law Group represents CPA’s in front of the Florida Board of Accountancy. For more information about professional licensing law please visit: www.floridaprofessionallicense.com or call (888) 760-6552.